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Compensation Manager Salary in Surat, IN

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How much does a Compensation Manager make in Surat, IN? The average Compensation Manager salary in Surat, IN is ₹942,881 as of March 18, 2021, but the range typically falls between ₹599,201 and ₹1,357,276. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) ₹942,881 25TH ₹599,201 75TH ₹1,357,276

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Skills to Boost a Compensation Manager Salary

Mastering key skills can significantly increase your earning potential as a Compensation Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 13% salary raise, while strong Market Pricing skills boost pay by a 2%. Even Microsoft Office can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Market Pricing
Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
More Skills...
Based on recent job listings, in-demand skills in the Compensation Manager field include Analysis (13%), Market Pricing (2%), Microsoft Office (1%), and Change Management (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis ₹1,065,455
Analysis
₹1,065,455
13%
Market Pricing ₹961,738
Market Pricing
₹961,738
2%
Microsoft Office ₹952,309
Microsoft Office
₹952,309
1%
Change Management ₹952,309
Change Management
₹952,309
1%
Analysis
6.83%
Market Pricing
0.58%
Microsoft Office
0.83%
Change Management
9.85%
Job Openings for Compensation Manager in Surat, India
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About Surat, India

Surat is a port city situated on the banks of the Tapi river. Damming of the Tapi caused the original port facilities to close; the nearest port is now in the Magadalla and Hazira area of Surat Metropolitan Region. It has a famous beach called 'Dumas Beach' located in Hazira. The city is located at 21°10′N 72°50′E / 21.17°N 72.83°E / 21.17; 72.83. It has an average elevation of 13 metres. The Surat district is surrounded by the Bharuch, Narmada, Navsari, to the west is the Gulf of Cambay and the surrounding districts. The climate is tropical and monsoon rainfall is abundant (about 2,500 mm a ...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Compensation Manager Pay Difference by Cities

City, Country Compared to national average
City, Country Mumbai, IN Compared to national average
+ 8.4%
City, Country Jaipur, IN Compared to national average
-9.2%
City, Country Kanpur, IN Compared to national average
-6.6%
City, Country Lucknow, IN Compared to national average
-12.4%
City, Country Nagpur, IN Compared to national average
-16.3%
City, Country Indore, IN Compared to national average
-14.5%
Employees with Compensation Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).

Understand the base salary paid range for a Compensation Manager in Surat, IN

Average Base Salary

Core compensation

599201
1357276
942881
The chart shows the base salary for Compensation Manager in Surat ranges from ₹599,201 to ₹1,357,276 with the average base salary of ₹942,881. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Compensation Manager may get paid difference by industry, location, and factors.

Compensation Manager Frequently Asked Questions

Can I expect to receive a higher salary for the position of Compensation Manager in Mumbai than for the same job in Nagpur in the India?

On average, a Compensation Manager, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Compensation Manager Jobs. Since Surat, India is an attractive place to work for many professions, Compensation Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. March 18, 2021 salary.com )
What is the salary range for a Compensation Manager in Surat, India? What is the average hourly rate?

The average salary for a Compensation Manager in Surat, India is ₹942,881 per year. The salary range for a Compensation Manager is between ₹599,201 and ₹1,357,276. While we are seeing hourly wages as high as ₹653 and as low as ₹288, the majority of Compensation Managers are currently paid an average of ₹453 in Surat, India. The average salary pay range for a Compensation Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Compensation Manager in Surat, India can differ based on any or all of these varying factors. March 18, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering a Compensation Manager job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that a Compensation Manager working in Surat, India will receive in exchange for their job. Some common items included in the total compensation of a Compensation Manager working in the Surat, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Surat, India might also offer long-term incentives such as stock options or stock grants for Compensation Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. March 18, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 18, 2021